E.On Se (OTCMKTS:EONGY) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• E.On SE has an average analyst recommendation of "Moderate Buy", with five analysts rating it as a hold, two as buy, and one assigning a strong buy rating.
• The company's stock is currently trading at $18.24 with a market capitalization of $47.64 billion and a PE ratio of 14.25.
• Recent research reports saw mixed actions, including downgrades from Oddo Bhf and Barclays, while upgrades were given by Citigroup and Berenberg Bank.

Shares of E.On Se (OTCMKTS:EONGY - Get Free Report) have been assigned an average rating of "Moderate Buy" from the eight research firms that are covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

EONGY has been the subject of several recent analyst reports. Citigroup upgraded E.On to a "hold" rating in a research note on Wednesday, May 28th. Berenberg Bank upgraded E.On to a "strong-buy" rating in a research note on Thursday, June 26th. Oddo Bhf downgraded E.On to a "neutral" rating in a research note on Thursday, May 15th. Morgan Stanley restated an "overweight" rating on shares of E.On in a research note on Thursday, May 15th. Finally, Barclays downgraded E.On from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, June 4th.

E.On Stock Performance

OTCMKTS:EONGY traded down $0.29 during mid-day trading on Wednesday, hitting $17.92. 60,489 shares of the company's stock traded hands, compared to its average volume of 94,042. The firm has a 50 day moving average of $18.51 and a two-hundred day moving average of $16.82. E.On has a 12 month low of $10.65 and a 12 month high of $19.43. The firm has a market capitalization of $46.80 billion, a price-to-earnings ratio of 14.00, a price-to-earnings-growth ratio of 5.72 and a beta of 0.80. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.40.

About E.On

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.